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During the 15th and 16th centuries, leaders of several European nations sponsored expeditions
abroad in the hope that explorers would find great wealth and vast undiscovered lands. The
Portuguese were the earliest participants in this Age of Discovery. Starting in about 1420,
small Portuguese ships known as caravels zipped along the African coast, carrying spices, gold,
slaves and other goods from Asia and Africa to Europe.
One of the economic motives for exploration was the hope of finding precious metals in
the Americas. The supply of precious metals, like gold and silver, in the old world was limited.
Rulers wanted to find large supplies of these precious metals in new lands. Mercantilism was
also one of the reasons for exploration. Mercantilism caused competition between the economies
of different nations. People wanted to have large amounts of gold and silver stocked up, and
believed trade generates more wealth. Governments and explorers also wanted to find a passage
through the New World and to Asia. Their goal was a faster voyage to the Indies. Since people
were also coming into contact with native people in the Americas and other new lands, another
economic motive for exploration was trade. This secondary source of the Age of Discovery
explains the hope of finding precious metals, a key motive of exploration, and the action of
participating in trade with different people over newly discovered continents.
History.com Staff. "Christopher Columbus." History.com. A&E Television Networks, 2009. Web.
http://www.history.com/topics/exploration/christopher-columbus 09 Mar. 2017.
Calderone, Julia. "Christopher Columbus Brought a Host of Terrible New Diseases to the New
World." Business Insider. Business Insider, 12 Oct. 2015. Web.
http://www.businessinsider.com/diseases-columbus-brought-to-americas-2015-10 10 Mar. 2017.
When Christopher Columbus was voyaging to the Indies in 1492, he came across an
island filled with native people who called themselves the Taino. Columbus found that the soil
on the island of Hispaniola was fertile, and he also discovered that they could get gold from the
natives, or from the deposits of gold located on the island. Columbus returned to the island the
next year and set up the first European settlement in the New World. Towns emerged in
Hispaniola close to the deposits of gold. The Spanish forced the natives into working long, hard
hours panning and mining for gold, that the Spanish took for themselves. The Taino had not been
exposed to European diseases and many of the natives got very sick. The Spanish also tortured
the Taino the native population to decrease dramatically. Today, the island of Hispaniola is
occupied by haiti, and the Dominican Republic. The picture above illustrates Columbus landing
on the island of Hispaniola, which would later become the first European settlement in the New
World. This was the first step for the Spanish in taking over the Caribbean, Central America, and
South America.
Cova, Antonio De La. "The First Colony." The First Colony. N.p., n.d. Web. 15 Mar. 2017.